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Students Shouldn t Always Choose Higher-Paying Majors

College as a Marriage Market

April 2021 Recent descriptive work suggests the type of college education (field or institution) is an important but neglected pathway through which individuals sort into homogeneous marriages. These descriptive studies raise the question of why college graduates are so likely to marry someone within their own institution or field of study. One possible explanation is that individuals match on traits correlated with the choice of education, such as innate ability, tastes or family environment. Another possible explanation is that the choice of college education causally impacts whether and whom one marries, either because of search frictions or preferences for spousal education. The goal of this paper is to sort out these explanations and, by doing so, examine the role of colleges as marriage markets. Using data from Norway to address key identification and measurement challenges, we find that colleges are local marriage markets, mattering greatly for whom one marries, not because o

Access to vocational education can boost income over the long term

Eric Hanushek, Ludger Woessmann, Lei Zhang In response to recent technological changes and the worsening outcomes of non-college-educated workers (Autor 2019), governments around the world are becoming more interested in whether different types of secondary education (vocational versus general) might play a role in providing young people the skills they need to succeed after they graduate (European Commission 2010, US Department of Education 2013, 2018). In stark contrast to the growing body of evidence on the impact of various fields of study in higher education (Altonji et al. 2012, Hastings et al. 2013, Kirkeboen et al. 2016), there exists a paucity of compelling causal evidence on the impact of secondary-school curricula on labour-market outcomes (Altonji et al. 2011, Hampf and Woessman 2017, Hanushek et al. 2011, 2017). 

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